On October 23, 2025, CS players ushered in the craziest Thursday ever. At 7 o'clock in the morning on this day, Valve released an update announcement for CS. It was only a few hundred words long. Most of the content was about game optimization, bug fixes, map adjustments and other miscellaneous matters. There was only one paragraph of introduction, which made every player from ordinary players to professional players feel numb. Businessmen who resold accessories wanted to jump off the building after reading it.
It is: replace the system.

Let me first briefly talk about the "replacement system" for those who have never played CS.
In the world of CS, players can randomly get skins by opening boxes. Currently, players default to the probability of getting knives and gloves by opening boxes, which is about 0.26%, and opening a box costs 17 yuan.
Previously, players could only synthesize red-quality gun skins at most, while knives and gloves could only be extracted with a small probability through unboxing.
This has also caused the price of rare knife skins to continue to rise since 2019, and many have even reached sky-high prices.

However, in this update, V allows players to use several red-quality accessories to create knives or gloves. . .
You can understand that knives or gloves are equivalent to gold. Generally speaking, the price is high and relatively stable. However, one day, the village uncle shared with you the "alchemy". From then on, humans can use five pieces of silver to synthesize a piece of gold.
You can guess with your toes that the price of gold will plummet. CS is currently in such a state. Gloves and knives, which originally cost tens of thousands of dollars, have been cut in half in price overnight. The whole country is panicking and everyone is in danger.
The price of Xiaofa’s colleague’s automated butterfly knife with color matching increased from more than 8,000 to about 13,000 before the incident, but now. . .

Perhaps Fat G was destined to become the goddess of fate. With a wave of his hand, the fate of countless people changed.
How big of an impact will the CS update have? According to the Science and Technology Innovation Board Daily, the CS gaming accessories market valuation plummeted from US$5.9 billion to US$4.2 billion, evaporating nearly US$2 billion in one day.
Let’s put it this way, even with an annual salary of 200,000 yuan, most of the guys who started working since the time of cavemen 30,000 years ago can’t save more than 1 billion US dollars.

The trader's backbone was broken by a sap from V Club. In two days, he lost one million.
It sounds like my brother can still hold on, otherwise I'm really afraid that he won't be able to think about free-falling.

Ordinary retail investors also suffered unreasonable disasters. A male senior in the Tieba bought a butterfly knife worth 8,000 yuan on the eve of the update, but more than 4,000 yuan disappeared in a few hours.
This was probably the most unforgettable night he had ever spent, and the mockery of fate was so harsh.

And those professional buddies who have accompanied V Club all the way are even more miserable.
Armed with the best knives and gloves, they became the largest group of victims in this disaster.
Many people have spit out all the money they have earned over the past few years and publicly post that they will never play with accessories again.
Fredrik Sterner of the GamerLegion team lost his assets significantly in one day. The most difficult thing is that even the dog at home dislikes him, maybe because dogs and clowns don't get along.

Spinx of the mousesports team cleared out their inventory, and you can feel the suffocating atmosphere between the lines.
It hurts, it hurts so much! Life has dreams, each of which is wonderful.

Overnight, mourning flooded the land.
Those who had the goods beat their chests and scolded V for being unreasonable, but at the same time, many players and anchors also stood up and thought that V had done a great thing this time, and even called it "the people's V."
The bubble era is over and everyone has lost money to some extent. Why are there still people praising it?
This has to start with the CS accessories market.
Dear GO seniors, do you still remember how this market became so crazy?
In fact, as early as the CSGO era, accessories have already shown their properties as investment products. It is inherently hierarchical, and some jewelry has rarity and storytelling, which can not only meet people's needs for collection, but also show off their identity.

More importantly, it is based on the steam market circulation. Players around the world can use local currencies to buy and sell. Although there will be a commission during the transaction, it is still within the acceptable range of people.
But you know, something mixed with randomness and particularity will inevitably become a part of gambling.
CS accessories began to be targeted by third-party gambling companies, and were also involved in underage gambling. Although Valve is in "Free America", it cannot afford this matter, so it issued warnings and many gambling websites closed down.
However, there are still third-party gambling companies that have not completely separated from CS. Valve is still vigorously cracking down on jewelry gambling. It can only be said that the money betting on dogs is so profitable that the bookmakers who opened the market really don’t want to give up.

At the same time, in the past few years, CS has also undergone many changes. The national server has already gained a certain reputation in the country, and GO seniors have been able to get ahead of themselves, and they will not be like minions in front of games such as CF, PUBG, and OW.
The emergence of CS2 has given many old accessories a new look in terms of visual effects, turning industrial products from the assembly line into luxury items hand-customized by masters.
Being able to get through at the casino, plus the quality of the game itself is good enough and there are enough players, so many people at home and abroad are willing to make money by trading accessories.

For players, there is basically no psychological burden when buying CS accessories because the value is relatively stable. Unless it is special jewelry that is favored by a corrupt businessman, the price will generally not fluctuate drastically.
In other games, you have to think twice before recharging money. In this game, if you want to get out of the trap, you can sell the accessories. If you are lucky, the price of the video in your hand will even increase, giving you a profit.
There are many games that allow you to spend money, but this is the first time many people have seen games that give away money.
However, stereotypes are just a mirror after all, and CS accessories are certainly not a sure-fire investment.
People used to eat meat because they caught up with the trend of the times. If there are too many pigs flying into the sky, it is easy for the pigs in the whole pig pen to assume that they are born to fly.
In reality, you can’t guarantee a guaranteed profit when buying gold, but there are always people who regard CS jewelry as cyber gold, which is passed down from generation to generation. When the time comes, the grandson sells the butterfly knife and goes to Shanghai to get the full price of a Tomson first-class product.
People who have really been exposed to stock trading should feel even more scared when they see the CS jewelry market.

This year, Valve launched new trading rules. There is a 7-day protection period for jewelry transactions, and they can be circulated again after 7 days. During this period, players can also cancel the transaction, which is equivalent to T+14 (items need to be held for 14 days before they can be circulated again).
The reason why the protection period after the item is traded is so long is to prevent some people from speculating. As a result, a lot of people still rushed forward.
I’m just wondering, many people can’t even understand T+1 stocks, so why are they so confident in T+14 CS accessories?
What's more, this plate is too small, and a few small studios can become big crocodiles and stir up trouble. An unknown internet celebrity hyped up a piece of rubbish black egg sticker, which actually kept the drumming and flower-passing game going for several months. He was able to sell a few yuan worth of stuff to more than 3,000 yuan, and then ran away.
Information falsification is considered normal within the rules here. In order to make money, traders can send you an obituary every day about the death of a professional player, just to increase the price of a certain accessory.

Before the avalanche, people thought the occasional trinket thunder was an acceptable sacrifice, the price of a thriving market.
Interest groups are taking the money and trying to make another profit. Even the poorest player has a few affordable accessories, and feels that even if he doesn't make any money, he won't lose anything, and he can only use them for his own use. The professional brother even hoards a large amount of top-quality goods at such high prices that ordinary people would drool after seeing them. . .

People who fell into madness may have thought of countless ways to overturn the situation, but the suicidal big dick of V Club still confused everyone.
"We are about to fight to the death, why does the emperor surrender first?"
Valve didn't explain why it hit, so we can only make a guess.
We all know that with steam as a money printing machine, V is not short of money. This is its confidence.
This company pays attention to the community, which is everyone's default. However, in the past few years, CS accessories have become more and more distant from ordinary players. Its attributes as investment products have begun to outweigh the attributes of virtual goods. This is a situation that Valve does not want to see.
Valve may want everyone to return their focus to the game instead of reselling accessories.
If other companies do this, I would be skeptical. If Valve does this, I really feel that it can do it. This is very in line with the nature of this company. It doesn’t care about the gains and losses of three melons and two dates, and just does what it says.
After all, in e-sports competitions, it seems like this is the only company that suddenly updates the game version? I don’t care whether professional players live or die, as long as they coax the players well.

Another possibility is that Valve intends to regain its own right to speak.
It provides players with a very convenient transaction method through the game market, which is not common elsewhere outside of steam. Some domestic games are even very sensitive to player transactions of virtual goods, and frequently suppress third parties.
Although CS accessories are circulating in the game market, in the past few years, it has obviously overheated and been pushed to the edge of getting out of control. This time, Valve took the initiative to burst the bubble. Although it is more harmful to players who control rare jewelry, for ordinary players, they can buy the coveted jewelry with less money.
To put it bluntly, it means looking to the future. CS is good when everyone can afford gloves and knives.
It’s still a bit difficult to comment on this wave of operations by V Club. After all, in the final analysis, V Club is moving its own cake, making it difficult to make money in CS.
However, the plummeting price of jewelry is a heavy blow and also wakes people up from the madness.
Virtual game props can never be compared with investment products. After all, they are codes, and no matter how powerful they are, they are still in the hands of the game company.
The reality is that the updates to CS have not affected those players who simply enjoy the game. It is still the number one online game on Steam. In each map, guns are fired and people are running.

The next day, the bubble burst, there was no sound, and the sun rose as usual.